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that sucked up the oxygen. hamas is a group that's recognized as a terrorist organization by the u.s. government, the israeli government and the european union, has increased shelling in areas of israel over recent weeks. they now have shelled tel aviv and 180 missiles went into southern israel. so israel for its own self-defense, its right of self-defense is organizing, rallying more reserve troops, getting ready for more permanent action. it can and should do what's necessary to protect its citizens, which means inflicting damage on hamas. >> heavy damage, deep damage. go as long as it takes. but john, given what you and ambassador williamson just said, where is the white house on this? the best we can find is not a public statement. the best we can find came out of a white house statement. i'll quote, israel has the right to self-defense in light of the rocket attacks. but that's not the president really standing up for israel. this was some white house spokesman echoed by the state department, john. that ain't the kind of support that i'm looking for. >> my information, very fres
.com. >>> breaking news on an iranian fighter plane attacking a u.s. drone. it happened before election day. why are we just learning about this now? today? >>> but before we go to break, don't forget free market capitalism is the best path to prosperi prosperity. maybe there is going to be some progress in washington. i have an open mind. i'm kudlow. we'll be right back. [ female announcer ] want to spend less and retire with more? at e-trade, our free online tools and retirement specialists can help you build a personalized plan and execute it with a wide range of low cost investments. get a great plan and low cost investments at e-trade. >>> we are more breaking news tonight. u.s. defense officials confirm today that iranian fighter planes fired and missed at a u.s. drone. that was just days before election day. so why are we learning about it mow for the first time? joining me, syndicated radio talk show host, john bachelor. >> good evening, larry. >> good evening. they fired at one of our unmanned drones. why didn't we fire back? why didn't we take some retaliatory action? are we just patsy
u.s. responses were in realtime to that situation. he has testified on the hill before, but this will be the first chance for lawmakers to talk to him since the sex scandal erupted. and obviously that's one that people are going to be watching very closely. but it will be behind closed doors. so we will not see him on camera tomorrow, larry. >> no, but it will leak out. the leaks will be great fun. eamon, i just want to ask you one thing. the president got all heated up about susan rice. but susan rice sold a story with the video and the spontaneous demonstration. that was subsequently proven not credible. in fact, it was proven not credible even before she started selling it. and mr. obama still has not dealt with that part of the story. how did she get that story? why did she sell it? and why did he sell it when he knew it wasn't credible? >> well, what the president did today, larry, was he linked himself politically welch with susan race. he hitched his wagon to hers in a political sense, and the president saying, look, if you're going to go after her, you're going
their supporters out to vote, business, u.s. chambers doing exactly the same thing for the republicans. we're going to know on tuesday which side was more successful, larry. >> all right. john harwood. many thanks for that. >>> now president obama and mitt romney are crisscrossing the country in these critical final four days. obama's going to visit colorado, iowa, wisconsin, ohio, virginia, new hampshire, and florida. and an almost identical tour for romney excepts he swaps florida in favor of, get this, pennsylvania. very interesting. now you're going to be looking, there it is, live pictures of westchester, ohio, where a mitt romney rally is under way. tens of thousands there, and lines to come into the rally stretch out for six blocks. this is interesting. does team romney see an opening there? let's talk here now is democratic strategist robert shrum, columnist for "the daily beast" and ed rogers, republican strategist and former bush 41 deputy assistant. gentlemen, welcome back. >> good to be here. >> i want to begin with this thought. not the jobs thing. the jobs thing is too inconclusive. w
the u.s. dollar is a very simple vote. the u.s. dollar's been up six of the last seven weeks. at the same time, you've seen calamity in some commodity prices. gold starting to break down. if romney were to win, the first thing i think happens is more of the same which would imply ben bernanke removed from his seat, gold would be under a serious amount of duress, and you'd start to really have to bake in whether it's hubbard or taylor at the fed, a whole host of issues could come into the bond market -- >> that's your romney, clinton, king dollar scenario, if i may. >> yeah. both reagan and clinton were good for the dollar. i think romney, certainly in the intermediate term, would be seen as a bullish thing for the dollar as well. that could get gas prices in the end, i think that's good for the country, good for consumption. >> wow, great stuff. thank you ever so much. >>> it's election eve. who's going to be the victor? obama or romney? we keep asking this question. predictions up next. please stay right here. >>> president obama will win tomorrow night for two reasons. firs
of the response to the attack showing it took more than 14 hours for first u.s. military unit to arrive in libya after the attack. all right. >> joining me now is syndicated radio talk show host john bachelor. john, welcome back. david petraeus is a great american, an admired american. now he has to resign from the cia, why, john? what is the meaning of this? what is the timing of this? >> i am told by several sources it was not beauty killed the beast, larry. it was benghazi. mr. petraeus misled, i'm told. misled an important committee on the hill and he did not want to return to that committee as director of the central intelligence. >> so you're saying that the extra marital affair is not the reason? it's the reason he's cited, but you're saying? fact, that's not the case? there's a whole history of these things in spy circles and secret services and blackmail and you're saying that ain't what happened? >> i'm surprised at the timing and the timing tells us a deal. i am told, larry, this is my best information that mr. be petraeus has been under pressure of the white house to maintain the nar
i'm jim cramer. see you tomorrow! >>> i am larry kudlow. a blockbuster prediction. the u.s. set to take over as the top world oil producer in the next decade. will the epa block this tremendous economic and political breakthrough? then if president obama and john boehner can rise above and get a deal done for the fiscal cliff, there is a lot of money that could be made in stocks. and why shouldn't top military and business leaders maintain an honorable code of conduct? isn't it better to have a moral center? general david petraeus is a great man. but he made, unfortunately, a great mistake. first up, are we on the verge for american oil revolution? according to the international energy agency, the u.s. will overtake saudi arabia as the world's largest oil producer that before the year 2020. but -- don't get your hopes completely up as the epa could block this fantastic market-driven advance. nobody better to talk about it is john hofmeister. john, it is a pleasure to have you here. now, is it credible, first of all the report, we will overtake the saudis? >> report is credible.
this evening is mark ginsburg. he's the former u.s. ambassador to morocco. mark, welcome back to the show. look, i'm probably naive. but 16,000 reserves have been called up. maybe another 70,000 on the way. a ground war may start. can the israeli defense forces just take out the hamas forces? can they just take them out, martin? >> well, they can. and the fact of the matter is that they failed to do so in 2008 because of international pressure over civilian casualties. and that's of course the dilemma. but the fact of the matter is, larry, that we're seeing once and for all why we cannot let iran get a nuclear weapon. because hamas has been able to get these missiles from iran. and what's going to stop them if they're firing missiles at jerusalem today, what's going to stop them from firing a nuclear missile at israel tomorrow? that's why israel has to act authoritatively, finally, once and for all against the hamas military and civilian leadership. >> and stay on the ground for a while longer. in other words, not pull out. what i'm asking you i guess is just a basic military strategy issue. wi
hillary clinton a few hours ago. >> did israel get down what they needed to get down? we have former u.s. ambassador. mark, i ask you first. the negotiations for peace is going to take whatever. are they getting done what they need to get down to take out the hamaas military all it is going to do is get to a point where hamas is out of missiles. and so there will be another round of missile firing because there will be no durable missile firing. you have the head of the muslim brotherhood sympathizes with hamas. who is to say iran working through will replentish the weapons loss and we'll go through this whole thing all over again? >> good evening larry and mark. i'm told that hamas is boasting tonight of major success. because for the first time ever hamas has seen delegations of foreign states. into the gaza strip so hamas the terrorist organization is celebrating all of this success and now hillary clinton is heading to cairo, this is a celebration for the bad guys. >> what is secretary clinton going to do? the bad guys are proclaiming victory here. those are bad guys. i don't see how
congress would wouldn't come up with come miz, no way they'd face their constituents after the u.s. debt was down graded and if that happened, i thought interest rates would go higher and stocks wouldn't respond well. so it certainly doesn't sound in washington right now that these guys are in any way conciliatory or reaching across the i'll. we just don't know. and that lack of information i think kikts tole volatility. in a lot of people believe that somehow or other both case and difficult difficult ends. to beat the tax hike on dividends, costco, murphy oil, disney, ebay, del, oracle and sh washington bureau. what do you think? should people look up there before they why not take advantage of the lower tax rate. you'd hope they have something better to. >> but if it's cash they don't have an immediate use for. the special dividend makes a lot of sense. you get the horse to walk in the direction of the carrot. knock the stick. so the more you tax something, you don't get more of it. >> that's the whole problem. >> it doesn't make sense. >> the the whole big picture of this thing. i th
technical reasons to buy 45 billion more of u.s. treasury securities. that's 85 billion, that would be another $1 trillion in the american pump priming money supply after they've already done close to $2 trillion already. so we're at $3 trillion rising toward 3.5 trillion. here's my question. this stuff is not getting into middle america. like, to me, what the fed is doing is they're really helping the big new york wall street banks, helping them buy commodities, stocks, currencies, i don't see this pardon the phrase trickling down to main street community banks, small businesses. it's all sitting on reserve at these banks and the fed. it hasn't done a lick of good, lee hoskins. i agree. i don't see any reason why a bank or particularly a large bank at this point, a large banking institution, would want to step out and do some aggressive wh the rules are, they bankers. they've been hammered by the regulators. as far as trickling down and getting money supply. it's not there. if the fed really wanted to help the economy, it would look more carefully at why the link with borrowing and
and you're right, if the purchasing manager survey in the u.s. is a little better as was consumer confidence. >> jack, what do you think, is sandy a big driver for stocks or is it the coming election and the possible outcome? >> i think it's one that you have a lot of underinvested what i call nonbelievers. i think we're entering the period of chasing returns. first of november i think we started since '09 where it's been up. which is indicative of what the next couple of months will bring. having said that, sandy will produce jobs. the question is will sandy produce more jobs than president obama did over the course of the last few years. and as far as the numbers, let's keep this in mind. i'm 5'5". when i'm with my mop and my sisters who are 4'11", i'm a giant. but when i'm around my friends who are 6-feet, reality sets in. so these nudges are not great. >> this could be too much information. >> i know. you're saying the numbers are good, but not -- >> that's exactly right. when you're starving, even a crumb looks like a steak. we need a few months of solid growth. we need pro-g
? it just plummeted. that's a very large share of the u.s. economy. we're noncompetitive in the world and we will have a real serious recession in 2013 unless something is really done quickly. >> jared, i just want to ask you a question. >> sure. >> you hinted -- this is really important. where we are going tonight is more politics than economics. >> okay. >> you kind of hinted that we might cross through the year, that we might fall off the cliff. if only for a short period of time. now as someone who worked in there years ago as arthur did, short period of time, you will take the better part of the winterer to make a deal. so we are going to go into recession. the question is, do you think the president can take that and do you think he can really blame republicans? is it that easy, or is all hell going to break loose in the country? >> i think it will be absolutely terrible if we go over and stay over the cliff long enough for recession. i don't care who blames whom but i will blame everybody up there. this economy actually has a little bit of momentum behind it and we would be crazy to k
drawing up plans to keep 10,000 u.s. troops in afghanistan past the 2014 deadline. this break a president obama promise, but some promises are made to be broken, and i think this is probably a good move. but first up congress back at work tonight after the holiday recess with now just 35 days to go. are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit
Search Results 0 to 13 of about 14

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